Knowles (LTS:0JRJ) Cyclically Adjusted PB Ratio: 2.67 (As of Aug. 10, 2026) — 138% Above Median

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LTS:0JRJ Knowles Corp LTS:0JRJ
67 GF Score
Price $39.13
GF Value $24.34
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Knowles Cyclically Adjusted PB Ratio?

Knowles LTS:0JRJ -1.58% 67 Cyclically Adjusted PB Ratio is 2.67 as of Aug. 10, 2026, which is 138% above its 10-year median of 1.12. GuruFocus rates LTS:0JRJ with a GF Score™ of 67/100 and a GF Value™ of $24.34 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,967 Hardware companies, Knowles ranks worse than 58.67% on this metric.

As of today (2026-08-10), Knowles's current share price is $39.13. Knowles's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.63. Knowles's Cyclically Adjusted PB Ratio for today is 2.67.

The historical rank and industry rank for Knowles's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0JRJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.12   Max: 2.84
Current: 2.68

During the past years, Knowles's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.74. And the median was 1.12.

LTS:0JRJ's Cyclically Adjusted PB Ratio is ranked worse than
58.67% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs LTS:0JRJ: 2.68

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Knowles's adjusted book value per share data for the three months ended in Jun. 2026 was $9.314. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $14.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knowles  (LTS:0JRJ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Knowles Cyclically Adjusted PB Ratio Related Terms


Knowles Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Knowles's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Knowles Cyclically Adjusted PB Ratio Chart

Knowles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.03 1.15 1.33 1.48

Knowles Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.59 1.48 1.76 2.85

LTS:0JRJ vs BHE, OSIS, OLED: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Knowles's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Knowles Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Knowles's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Knowles's Cyclically Adjusted PB Ratio falls into.


LTS:0JRJ
67GF Score
Knowles Corp LTS:0JRJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knowles Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Knowles's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.13/14.63
=2.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Knowles's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Knowles's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.314/333.9520*333.9520
=9.314

Current CPI (Jun. 2026) = 333.9520.

Knowles Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.572 241.428 16.007
201612 11.364 241.432 15.719
201703 11.514 243.801 15.772
201706 11.295 244.955 15.399
201709 11.590 246.819 15.682
201712 12.650 246.524 17.136
201803 12.682 249.554 16.971
201806 12.682 251.989 16.807
201809 12.474 252.439 16.502
201812 13.430 251.233 17.852
201903 13.388 254.202 17.588
201906 13.469 256.143 17.561
201909 13.737 256.759 17.867
201912 14.051 256.974 18.260
202003 13.718 258.115 17.748
202006 13.573 257.797 17.583
202009 13.796 260.280 17.701
202012 14.228 260.474 18.242
202103 14.270 264.877 17.991
202106 14.482 271.696 17.800
202109 14.796 274.310 18.013
202112 15.882 278.802 19.024
202203 15.903 287.504 18.472
202206 13.084 296.311 14.746
202209 12.977 296.808 14.601
202212 10.902 296.797 12.267
202303 10.808 301.836 11.958
202306 10.824 305.109 11.847
202309 11.005 307.789 11.940
202312 11.607 306.746 12.636
202403 11.521 312.332 12.318
202406 8.519 314.175 9.055
202409 8.796 315.301 9.316
202412 8.654 315.605 9.157
202503 8.620 319.799 9.001
202506 8.687 322.561 8.994
202509 8.829 324.800 9.078
202512 9.139 324.054 9.418
202603 9.119 330.213 9.222
202606 9.314 333.952 9.314

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.67 mean?
Knowles (LTS:0JRJ) has a Cyclically Adjusted PB Ratio of 2.67 as of Aug. 10, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Knowles and its competitors. This is 138% above median its historical median of 1.12. Over the past decade, Knowles' Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.84. According to the industry distribution chart, Knowles ranks #1154 out of 1967 companies in the Hardware industry, placing it in the top 58.7%.
Is Knowles' Cyclically Adjusted PB Ratio too high?
Knowles' current Cyclically Adjusted PB Ratio of 2.67 is 138% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.84. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Knowles' value of 2.67 is 27.8% above this industry median. Based on the distribution chart, Knowles ranks #1154 out of 1967 companies in the Hardware industry, which is below the industry midpoint. Overall, Knowles has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Knowles' Cyclically Adjusted PB Ratio compare to BHE and OSIS?
According to the Hardware industry distribution chart, Knowles ranks #1154 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Knowles in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Knowles' value of 2.67 is 27.8% above this benchmark. Historically, Knowles' own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.84 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.09, Knowles has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knowles's current Cyclically Adjusted PB Ratio of 2.67 is 27.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Knowles and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knowles's current Cyclically Adjusted PB Ratio is 2.67, which is 138% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knowles stock overvalued right now?
Based on GuruFocus' analysis, Knowles (LTS:0JRJ) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.34, compared to a current price of $39.13 — trading 60.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is 138% above median its 10-year median of 1.12 and 27.8% above the Hardware industry median of 2.09. Knowles' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Knowles (LTS:0JRJ), the current Cyclically Adjusted PB Ratio is 2.67 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Knowles (LTS:0JRJ) Overvalued in 2026?

Based on GuruFocus' analysis, Knowles stock appears to be overvalued. The current stock price of $39.13 is trading 60.8% above its estimated GF Value™ of $24.34. GuruFocus considers Knowles to be Significantly Overvalued.

Key valuation signals for LTS:0JRJ:

  • Cyclically Adjusted PB Ratio: 2.67 (138% above median its 10-year median of 1.12)
  • GF Value™: $24.34 vs. price of $39.13 (60.8% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 27.8% above the Hardware median (#1154 of 1967)

No single metric tells the full story. See the LTS:0JRJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Knowles Business Description

Other Exchanges KN:USA1K3:Germany
Address 1151 Maplewood Drive, Itasca, IL, USA, 60143
Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in two segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions; and Medtech & Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications. The majority of its revenue comes from the Precision Devices. Geographically, it operates in United States, Asia, Other Americas, Europe and Others, out of which United States generates maximum revenue.
67GF Score

Get the complete analysis for LTS:0JRJ

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.13
Price
$24.34
GF Value